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ASE Posts Heavy Losses Amid Haircut Developments
Athens Stocks recorded heavy losses on Monday, in the wake of European Union Summit and amid feverish processes regarding the haircut on Greek bonds.
Banking...
ASE Sees Biggest Gain In 23 Years As Alpha Bank and Eurobank Agree Tie-Up
Alpha Bank and Eurobank announced that they have reached agreement on a combination by[...]
Greece's M&A Activity Gets Off to a Start
The recent acquisition of bankrupt company Fulgor by the Viohalco group through its Hellenic Cables subsidiary was the first move in a cycle of...
ASE Fell Below 1,000
After cumulative losses of 22.4% in 11 consecutive downward sessions and amid global turbulences caused by the downgrade of U.S. credit ratings, the General...
PM Papandreou Chairs Medium-Term Economic Program Cabinet Meeting
The battle to save the country is continuing, and no cowardice can be forgiven in serving this patriotic duty, Prime Minister George Papandreou told...
Government Finalizes Privatization List
The Greek government will proceed with the acceleration of the privatization of state property and companies, setting a target of at least €15bn by...
Greece To Proceed With Announcements Regarding Privatizations
Greek government is preparing the first package of property exploitation and a more comprehensive privatization program as well, so that the tenders could be...
Minister Of Finance Asks Listed State – Controlled Firms To Cut Wages
Greek government is pushing state-controlled companies, listed in Athens Exchange, to cut their wages in line with recent legislation for other state-controlled companies, according...
Government Proceeds with Privatization Program
Starting today, Greek government proceeds with the implementation of its privatization program regarding the sale of government stakes in banks, as well as of...
ATEbank Plans to Restructure & Reduce Staff & Wages
ATEbank will reduce its workforce by 1,000 persons, cut payouts by 10%, shut down branches and sell all its non-bank holdings as part of...


